Compulsory insurance for SORN'd cars?

    • 16 posts
    August 29, 2022 11:14 AM EDT

    Tucked away at the bottom of the motoring column in the Mail yesterday was a bit saying that from Spring, all cars have to have insurance, even if they're on your driveway or in a garage!

    So does that mean, that - like in Poland - you have to insure a non-road going car too?

    That will really p*** me off. And my neighbour, who has 3 of his 4 Escorts sorn'd on his driveway!

    Another way to rape the poor motorist?

    • 2 posts
    August 29, 2022 1:29 PM EDT

    The same situation is here. I feel you.

    • 1 posts
    August 29, 2022 1:46 PM EDT

    I'm sure that insurance is an objectively necessary thing, and the biggest problem is tariffs. I don't mind insuring a car which I don't use for certain reasons. Even if it is in the garage, I can't be sure that the garage won't catch fire due to a short circuit, for example. At the same time, I don't want to pay huge money for it. The amount of insurance that looks more like a tax from a rich Scandinavian country doesn't suit me. I'm waiting for more progressive commercial truck coverage to enter the insurance market. Both governments and insurers will be able to profit more from this issue if they can popularize low-priced auto insurance.

    • 30 posts
    November 2, 2024 12:07 PM EDT

    Health insurance policies with wellness programs are a win-win. Encouraging policyholders to stay active and healthy benefits both the insurer and insured. It’s great to see companies promoting preventative care rather than just treating issues after they arise.

    Surety Bonds and Guarantees

    • 30 posts
    November 2, 2024 12:36 PM EDT

    Compulsory insurance for SORN'd (Statutory Off Road Notification) vehicles raises valid questions. While it may encourage accountability, many owners argue it's unnecessary if the vehicle isn’t in use and is securely stored. Perhaps a more tailored policy, like liability-only for unexpected risks, could strike a balance between safety and affordability.

    bike insurance rate

     
    • 30 posts
    February 1, 2025 12:36 PM EST

    Did you know some life insurance policies allow you to borrow against their cash value? This can be a useful financial tool, but it’s important to understand the terms. Whether choosing term or whole life, having coverage ensures financial protection. Have you looked into the benefits of permanent life insurance?

    family